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of the sample. president obama was on the west coast today courting latinos, and he gave some remarks about the state of the economy and how it affects latinos. >> no matter who you are and what you look like or where you come from, this is the place where you can make it if you try. today we have more work to do to fulfill that promise. the recession we're fighting our way back from is still taking a toll, but thanks to the strength and character of american people, we are making progress. >> now, of course, latinos are one of the reasons president obama has been doing well in some of the western states like colorado, nevada, new mexico, as well as florida. we now have to see gin the smift in polls whether he can continue to remain on top and it sets up the vice presidential debate on thursday between paul ryan and vice president joe biden, larry. >> all right. i'm looking for some rock 'n roll in that debate, john. >> you'll get it. >> many thanks to john harwood. let's get right to the distinguished panel. former assistant secretary of defense larry corps who worked in the reagan adminis
market in latino products. so in general, those things favor continued growth in our beer business. >> yeah, we asked half jokingly -- i'm hispanic, by the way. we asked half jokingly, do people drink more during a weak economy? it does seem intuitive that your business would be countercyclical. is it? >> we don't say that the business is countercyclical. it's not particularly cyclical. you know, what we like to say is it's not recession proof, but it is recession resistant. as a general proposition, we don't think people drink more or less, but what we really see in tough economic times is what we call channel shifting. what we mean by that is people tend to drink more off premise, meaning at home, than they do on premise, at restaurants, bars, and so on, where it's more costly to drink. that channel shift really doesn't affect us from a margin or profitability perspective. >> the jobs number that was out today, i don't know if you got a chance to see it. the unemployment rate below 8%. job growth a little anemic. does that mirror what you see in the consumption pattern of your bu
to be a president and say you don't like the latino population because you're not going to pass the dream act which he's now agreed to pass as of yesterday. i couldn't believe it. >> going back to what i was saying before, what will the presiden annunciate tonight as his growth agenda? how will he get this economy going? and how will candidate romney do the same thing? what will they be saying to the american public? >> he's going to say i'll hold the spending until it gets to 20% of gdp. and that will avoid massive tax increases. and as long as those tax increases are hanging over the head of the economy, we are not going to get robust growth. we're kidding ourselves, it's been four years, we haven't gotten it. what howard wants to do is go off the cliff, get $500 billion of tax increases and $100 billion of spending cuts and you still got another $300 billion. >> that is not what the fiscal cliff does. restore the tax rates to bill clinton's tax rates. and we had a pretty good economy. >> that's $350 billion. >> we had a pretty darn good economy when we were playing bill clinton's tax rates and t
Search Results 0 to 2 of about 3